(Dave Bedard photo)

Cargill profit jumps on meat demand, big U.S. crops

Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the second quarter ended Nov. 30


Editorial: Armchair economist

It’s been said that anyone who thinks about economic forecasts for more than about a half an hour a year is wasting their life. A professional economist told me that, and what she was getting at is the intractable nature of economics. Even the experts can’t agree on what’s happening, or has happened, never mind




Crop prices to stay under pressure

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said  currency issues are making life very profitable for farmers


Any delays to seeding due to spring rain aren’t expected to be as prolonged as last year’s, Drew Lerner told farmers in Regina. (Leeann Minogue photo)

Minogue: Optimism reigns at FCC outlook meeting

Regina — Despite commodity prices down off recent highs, resurgent transportation problems and crop disease issues across the Prairies, farmers heard all good news at Farm Credit Canada’s Ag Outlook 2015 conference here Tuesday. “The sky’s not falling,” said J.P. Gervais, chief ag economist for Regina-based FCC. Actually, he said, things are pretty good. If

one dollar banknote among wheat grains

Editorial: The cure for high grain prices is…

When you get right down to it, covering grain markets is kind of like sports reporting. Depending on your perspective, the outcome at the end of the day is either win, lose or tie. There’s only so many ways to describe that, just as there are only so many ways to describe why the market